Cannot create links to folders in new Outlook

The new Outlook doesn't seem to have the option to create a hyperlink for folder location that the current Outlook has. We use this feature normally in the office. This lack of feature in the new Outlook is what is preventing us to start using it.

Can anyone show me how add a hyperlink to folder locations in the new Outlook?

I'm aware that it's only possible to create a hyperlink to a Sharepoint location in the New Outlook.